Bill Type
Long Title
AN ACT TO ENSURE THE ACCOUNTABILITY OF GOVERNMENT-OWNED OR CONTROLLED CORPORATIONS, GOVERNMENT FINANCIAL INSTITUTIONS, STATE-OWNED UNIVERSITIES, AND OTHER SIMILAR AGENCIES IN THE PUBLIC SECTOR BY REQUIRING THESE ENTITIES TO BE EVALUATED AND SUBJECTED TO THE TEST OF ECONOMIC AND FINANCIAL VIABILITY, CREATING A CONGRESSIONAL OVERSIGHT COMMITTEE THEREFOR, AND FOR OTHER PURPOSES
Congress Author
Date filed
July 5, 2007
Scope

Legislative History

House Bill/Resolution NO. HB00777
FULL TITLE : AN ACT TO ENSURE THE ACCOUNTABILITY OF GOVERNMENT-OWNED OR CONTROLLED CORPORATIONS, GOVERNMENT FINANCIAL INSTITUTIONS, STATE-OWNED UNIVERSITIES, AND OTHER SIMILAR AGENCIES IN THE PUBLIC SECTOR BY REQUIRING THESE ENTITIES TO BE EVALUATED AND SUBJECTED TO THE TEST OF ECONOMIC AND FINANCIAL VIABILITY, CREATING A CONGRESSIONAL OVERSIGHT COMMITTEE THEREFOR, AND FOR OTHER PURPOSES
SHORT TITLE : "Government-Owned or Controlled Corporations (GOCCs) Accountability Act of 2007"
ABSTRACT : "Government-Owned or Controlled Corporations (GOCCs) Accountability Act of 2007". The bill calls for the creation of a Congressional Oversight Committee that shall review, monitor and evaluate the overall performance of GOCCs to ascertain whether they are fulfillling their mandates under their respective charters and are economically and financially viable.
PRINCIPAL AUTHOR/S : DEFENSOR, ARTHUR D.
DATE FILED : 2007-07-05
SIGNIFICANCE: NATIONAL
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2007-07-31

Abstract

"Government-Owned or Controlled Corporations (GOCCs) Accountability Act of 2007". The bill calls for the creation of a Congressional Oversight Committee that shall review, monitor and evaluate the overall performance of GOCCs to ascertain whether they are fulfillling their mandates under their respective charters and are economically and financially viable.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.